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Amazon China

Amazon bails on China as locals steal the spotlight

Amazon is set to close its online shops in China as local e-commerce giants JD.com and Alibaba maintain their hold on the market. Amazon announced on Thursday that it will be shuttering its Chinese domestic...
Tech Unicorns NYSE

Tech unicorns Pinterest and Zoom hit Wall Street

It's already a busy morning on Wall Street, with tech unicorns Pinterest and Zoom finally launching their anticipated IPOs 2019 has been promoted as the year that several eagerly awaited tech unicorns are set to...
Tech Stocks

Three tech stocks to watch this earnings season

After months of volatility, the technology sector appears to have found its legs, and tech stocks are poised for a new breakout. Tech stocks, undoubtedly, have been the star with buying focus on household names....
China Economic Growth

Chinese economic growth steady despite trade war

The world's second-largest economy continued to grow in the first quarter, beating expert expectations despite the ongoing trade war with the United States. China's economy surpassed projections as growth steadied in the first quarter of...
Canopy Growth

Canopy Growth expands European footprint, eyes $1 billion revenue

Canopy Growth, the world's leading pot producer, expects to increase its revenue to more than $1.04 billion in 2019 - 19 percent more than experts' predictions. President Bruce Linton says that Canopy has actually increased...
Qualcomm Apple Legal Battle

Apple vs. Qualcomm legal battle heats up

The tech trial of the decade has officially kicked off, with Apple and Qualcomm meeting in court on Monday in their ongoing legal battle. Apple and its partners have kicked off a jury trial facing...
Streaming War

Streaming war heats up as AT&T dumps Hulu stake

As the streaming war intensifies, rumors of AT&T selling its stake in Hulu have finally come to fruition, with the telecom giant announcing the sale today. Hulu has bought back telecom heavyweight AT&T Inc's stake...
Wall Street Earnings

Wall Street slips on lukewarm bank earnings

It's already been a hectic day on Wall Street even before the bell, with two of the world's largest banks sharing their earnings reports. JPMorgan (NYSE: JPM) started the party with a bang on Friday,...
Uber IPO

Uber prepares to go public, but doubts remain

Uber has officially filed its S-1 registration statement to go public, making it one of the largest technology IPOs in history. Uber is entering the New York Stock Exchange under the sign "UBER," but has...
Hong Kong Stock Market

Hong Kong now the world’s third-largest stock market

The Hong Kong stock market has surpassed Japan to the world's third largest, behind only the U.S. and China. The benchmark Hang Seng Index has soared by almost 17% since the start of 2019, adding...